Algonquin Power & Utilities (AQN) Projected to Post Earnings on Friday

Algonquin Power & Utilities (NYSE:AQN) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Friday, August 8th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $535.64 million for the quarter.

Algonquin Power & Utilities (NYSE:AQN) last released its quarterly earnings results on Friday, May 9th. The utilities provider reported $0.14 EPS for the quarter, beating the consensus estimate of $0.09 by $0.05. The firm had revenue of $692.40 million during the quarter, compared to analyst estimates of $699.08 million. Algonquin Power & Utilities had a negative net margin of 48.78% and a positive return on equity of 4.74%. During the same quarter in the prior year, the firm earned $0.14 EPS. On average, analysts expect Algonquin Power & Utilities to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Algonquin Power & Utilities Stock Performance

AQN opened at $5.90 on Friday. The company’s 50 day moving average is $5.80 and its 200 day moving average is $5.26. The company has a current ratio of 1.16, a quick ratio of 0.94 and a debt-to-equity ratio of 1.21. The company has a market cap of $4.53 billion, a price-to-earnings ratio of -3.81 and a beta of 0.69. Algonquin Power & Utilities has a 12-month low of $4.19 and a 12-month high of $6.36.

Algonquin Power & Utilities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a $0.065 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.26 dividend on an annualized basis and a yield of 4.4%. Algonquin Power & Utilities’s dividend payout ratio is presently -16.77%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Algonquin Power & Utilities stock. Goldman Sachs Group Inc. lifted its holdings in Algonquin Power & Utilities Corp. (NYSE:AQN) by 65.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 12,205,756 shares of the utilities provider’s stock after purchasing an additional 4,808,539 shares during the period. Goldman Sachs Group Inc. owned about 1.59% of Algonquin Power & Utilities worth $62,738,000 at the end of the most recent quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

Analysts Set New Price Targets

AQN has been the topic of several research analyst reports. National Bank Financial upgraded Algonquin Power & Utilities to a “hold” rating in a research report on Sunday, June 8th. BMO Capital Markets reissued a “market perform” rating and set a $6.00 target price (up previously from $5.00) on shares of Algonquin Power & Utilities in a research note on Monday, May 12th. Scotiabank upped their price target on Algonquin Power & Utilities from $6.00 to $6.50 and gave the stock a “sector perform” rating in a research note on Wednesday, June 4th. Raymond James Financial increased their price objective on shares of Algonquin Power & Utilities from $5.00 to $6.00 and gave the company a “market perform” rating in a report on Wednesday, June 4th. Finally, National Bankshares downgraded shares of Algonquin Power & Utilities from an “outperform” rating to a “sector perform” rating and set a $6.75 target price on the stock. in a report on Wednesday, June 4th. One equities research analyst has rated the stock with a sell rating and twelve have issued a hold rating to the company. According to data from MarketBeat, Algonquin Power & Utilities has an average rating of “Hold” and a consensus price target of $6.31.

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission.